Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
Primary cash balance surplus at 1.52 bln in July
Current account balance surplus of 874.4 mln in June shows significant yoy improvement
Central government debt down to 356.55 bln in Q2, average maturity tops 20 yrs
Industrial turnover drops by 7.5 pct in June
Budget primary surplus reaches 1.78 bln in July, almost double target
Finance Ministry targets 3 bln from unpaid taxes
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt.
Unpaid taxes stood at a total of 76 billion euros at the end of January 2015, of which 29.4 billion (38.7 percent of total) was created before 2009 and the remaining 46.6 billion during the crisis years. She also revealed that new unpaid tax obligations...
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